Chapter 18 Managerial Accounting Concepts and Principles amber 31, 2019, adjusted trial balance n 18-20 ng costs The following calendar year-end information is taken from the December 31 20 and other records of Leone Company. Advertising expense. Depreciation expense-Office equipment ......... Depreciation expense-Selling equipment ......... Depreciation expense-Factory equipment ........ Factory supervision......... Factory supplies used (indirect materials). Factory utilities ... Direct labor Indirect labor ...... $ 28,750 7,250 8,600 33,550 102,600 7,350 33,000 675,480 56,875 Miscellaneous production costs............... $ BAX Office salaries expense....... 63.000 Raw materials purchases (direct materials)..... 925.00 Rent expense-Office space.. ........ 22.000 Rent expense-Selling space... 26,100 Rent expense--Factory building.. 76.800 Maintenance expense--Factory equipment Sales 4,462500 Sales salaries expense 392,561 35,400 Required 1. Classify each cost as either a product or period cost. 2. Classify each product cost as either direct materials, direct labor, or lacto 3. Classify each period cost as either selling expenses or gener 8-3A ng expenses or general and administrative expense Labor, or factory overhead. Using the data from Problem 18-2A and the following Company, complete the requirements hal cost of goods d and income ventory for Leon